Who's really to blame for high gas prices?

Boatjob1 · 05-29-2008, 11:15 AM

<SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Allot of you may or may not know that I'm directly involved with Oil and Gas Industry. I get e-mails by the dozen each week, but I got this one last night and thought it was an interesting read. Remember, I DID NOT write this so, don't try and kill the messenger, ok. Agree or not with the following, I think it's very informative and VERY interesting....... Here goes;

<SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Is it possible thatenemies of the U.S.are helpingto finance the environmentalist movement in order to hobble the US? If not, that is certainly the effect. "By their fruits ye shall know them".

<SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Gas at $4.00 a gallon. Who?s to blame?<SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Thanks to the enivironmentalist lobby and its influence on Democratic legislators in Congress, the U.S. has, for decades, been prohibited from drilling for oil in places that we know contain billions of barrells of proven reserves. </DIV>Check out this map:

All of the ?NO? zones are places where the U.S., thanks to the Democratic Party, is prohibited from drilling for oil.

But wait ? it gets better.

<DIV style="MARGIN-TOP: 12pt">Yes, that?s right ? China and Cuba are actively exploring oil fields 50 miles from Key West, Florida while U.S. companies are barred from working in this area because of U.S. policy . So, instead of allowing the most environmentally responsible companies to operate there and increase our domestic supply, China, who has a dismal environmental record, is preparing to suck our close, lucrative oil reserves dry.</DIV></DIV>Unbelievable. </DIV></DIV>Investor's Business Daily recently explained how irresponsible the Democrats have been on the energy crisis. They lay into what they consider to be the worst Congress ever for ?..</DIV><DIV style="MARGIN-TOP: 12pt">~Failing to allow drilling in ANWR. We have, as President Bush noted, estimated capacity of a million barrels of oil a day from this source alone -- enough for 27 million gallons of gas and diesel. But Congress won't touch it, fearful of the clout of the environmental lobby. As a result, you pa y through the nose at the pump so your representative can raise campaign cash.

~Refusing to build new refineries. The U.S. hasn't built one since 1976, yet the EPA requires at least 15 unique 'boutique' fuel blends that can be sold in different areas around the nation. This means that U.S. refinery capacity is stretched so tight that even the slightest problem at a refinery causes enormous supply problems and price spikes. Congress has done nothing about this.

Turning its back on nuclear power. It's safe and, with advances in nuclear reprocessing technology, waste problems have been minimized. Still, we have just 104 nuclear plants -- the same as a decade ago -- producing just 19% of our total energy. (Many European nations produce 40% or more of their power with nuclear.) Granted, nuclear power plants are expensive -- about $3 billion each. But they produce energy at $1.72/kilowatt-hour vs. $2.37 for coal and $6.35 for natural gas.

~Raising taxes on energy producers. This is where a basic understanding of economics would help: Higher taxes and needless regulation lead to less production of a commodity. So by proposing 'windfall' and other taxes on energy companies plus tough new rules, Congress only makes our energy situation worse.

These are just a few of Congress' sins of omission -- all while India, China, Eastern Europe and the Middle East are adding more than a million barrels of new demand each and every year. New Energy Department forecasts see world oil demand growing 40% by 2030, including a 28% increase in the U.S.

Americans who are worried about the direction of their country, including runaway energy and food prices, should keep in mind the upcoming election isn't just about choosing a new president. We'll also pick a new Congress.If we elect a liberal Democrat as president in the Fall and keep the same Democrat-controlled Congress, nothing will change ?. except gasoline prices, which will keep going up.</DIV></DIV>

Shakedown · 05-29-2008, 11:18 AM

Honestly? I'd have to say your mom is to blame for high gas prices.

Boatjob1 · 05-29-2008, 11:22 AM

How in the world did you know she was a Democrat???????????

Again, this post was meant as an interesting prospective on the subject. I didn't write it, agree or disagree, it's still very interesting info.... See ya at the pump's..........

Shakedown · 05-29-2008, 11:23 AM

I gotthe skills to pay the bills.

Boatjob1 · 05-29-2008, 11:29 AM

Quote:

Shakedown (5/29/2008)I gotthe skills to pay the bills.

We are all so very proud of you shakedown. Have a great day........

Shakedown · 05-29-2008, 11:40 AM

I knew you would be... and say hello to your mom for me.

Boatjob1 · 05-29-2008, 11:43 AM

Quote:

Shakedown (5/29/2008)I knew you would be... and say hello to your mom for me.

She's dead and in hell... I would encourage you to tell her yourself............... :looser

FenderBender · 05-29-2008, 11:44 AM

Thanks for the interesting post and map... I think when and if they finally do allow drilling off Florida it would be great for the economy... lots of new jobs. I'm going into this industry as well so I found this very interesting. Thanks

Shakedown · 05-29-2008, 11:47 AM

Quote:

Boatjob1 (5/29/2008)

Quote:

Shakedown (5/29/2008)I knew you would be... and say hello to your mom for me.

She's dead and in hell... I would encourage you to tell her yourself............... :looser

Well that's too bad. I'm sure she was a lovely woman given you are her son. I look forward to meeting her.

SKATR JIM · 05-29-2008, 11:54 AM

Personally, I think folks that own 31' Contenders with 600 hp two stroke engines hanging off of the back of them are 95% responsible for the cost of fuel. that, and speculators that have artificially inflated the cost of oil, much like they did tech stocks and real estate.

05-29-2008, 11:18 AM	#2
Shakedown Member Ruby Red Lip Join Date: Oct 2007 Location: Pensacola Posts: 93	RE: Who's really to blame for high gas prices? Honestly? I'd have to say your mom is to blame for high gas prices.

05-29-2008, 11:22 AM	#3
Boatjob1 Senior Member White Marlin Join Date: Oct 2007 Posts: 2,518	RE: Who's really to blame for high gas prices? How in the world did you know she was a Democrat??????????? Again, this post was meant as an interesting prospective on the subject. I didn't write it, agree or disagree, it's still very interesting info.... See ya at the pump's..........

05-29-2008, 11:23 AM	#4
Shakedown Member Ruby Red Lip Join Date: Oct 2007 Location: Pensacola Posts: 93	RE: Who's really to blame for high gas prices? I gotthe skills to pay the bills.

05-29-2008, 11:40 AM	#6
Shakedown Member Ruby Red Lip Join Date: Oct 2007 Location: Pensacola Posts: 93	RE: Who's really to blame for high gas prices? I knew you would be... and say hello to your mom for me.

05-29-2008, 11:44 AM	#8
FenderBender Still haven't caught a Sailfish Join Date: Oct 2007 Location: Pcola Posts: 1,587	RE: Who's really to blame for high gas prices? Thanks for the interesting post and map... I think when and if they finally do allow drilling off Florida it would be great for the economy... lots of new jobs. I'm going into this industry as well so I found this very interesting. Thanks

05-29-2008, 11:15 AM	#1
Boatjob1 Senior Member White Marlin Join Date: Oct 2007 Posts: 2,518	Who's really to blame for high gas prices? <SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Allot of you may or may not know that I'm directly involved with Oil and Gas Industry. I get e-mails by the dozen each week, but I got this one last night and thought it was an interesting read. Remember, I DID NOT write this so, don't try and kill the messenger, ok. Agree or not with the following, I think it's very informative and VERY interesting....... Here goes; <SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Is it possible thatenemies of the U.S.are helpingto finance the environmentalist movement in order to hobble the US? <SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">If not, <U>that is certainly the effect</U>. "By their fruits ye shall know them". <SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana">Gas at $4.00 a gallon. Who?s to blame?<SPAN style="FONT-SIZE: 10pt; COLOR: #1f5080; FONT-FAMILY: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana">Thanks to the enivironmentalist lobby and its influence on Democratic legislators in Congress, the U.S. has, for decades, been prohibited from drilling for oil in places that we know contain billions of barrells of proven reserves. </DIV><P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana">Check out this map:<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana">All of the ?NO? zones are places where the U.S., thanks to the Democratic Party, is prohibited from drilling for oil. <P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana">But wait ? it gets better.<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"><DIV style="MARGIN-TOP: 12pt"><P class=MsoNormal><SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana">Yes, that?s right ? China and Cuba are actively exploring oil fields 50 miles from Key West, Florida while U.S. companies are barred from working in this area because of U.S. policy . So, instead of allowing the most environmentally responsible companies to operate there and increase our domestic supply, China, who has a dismal environmental record, is preparing to suck our close, lucrative oil reserves dry.</DIV><P class=MsoNormal><SPAN style="FONT-SIZE: 12pt"></DIV><P class=MsoNormal><SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana">Unbelievable. </DIV><P class=MsoNormal><SPAN style="FONT-SIZE: 12pt"></DIV><P class=MsoNormal><SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333399; FONT-FAMILY: Verdana">*<SPAN style="COLOR: #333399; FONT-STYLE: italic; FONT-FAMILY: Verdana; TEXT-DECORATION: none">Investor's Business Daily<SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana"> recently explained how irresponsible the Democrats have been on the energy crisis. They lay into what they consider to be the <SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333399; FONT-FAMILY: Verdana"><SPAN style="COLOR: #333399; FONT-FAMILY: Verdana; TEXT-DECORATION: none">worst Congress ever* <SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana">for ?..</DIV><DIV style="MARGIN-TOP: 12pt"><P class=MsoNormal><SPAN lang=EN style="FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #333399; FONT-FAMILY: Verdana">~Failing to allow drilling in ANWR.<SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana"> We have, as President Bush noted, estimated capacity of a million barrels of oil a day from this source alone -- enough for 27 million gallons of gas and diesel. But Congress won't touch it, fearful of the clout of the environmental lobby. As a result, you pa y through the nose at the pump so your representative can raise campaign cash. <SPAN lang=EN style="FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #333399; FONT-FAMILY: Verdana">~Refusing to build new refineries.<SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana"> The U.S. hasn't built one since 1976, yet the EPA requires at least 15 unique 'boutique' fuel blends that can be sold in different areas around the nation. This means that U.S. refinery capacity is stretched so tight that even the slightest problem at a refinery causes enormous supply problems and price spikes. Congress has done nothing about this. <SPAN lang=EN style="FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #333399; FONT-FAMILY: Verdana">Turning its back on nuclear power.<SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana"> It's safe and, with advances in nuclear reprocessing technology, waste problems have been minimized. Still, we have just 104 nuclear plants -- the same as a decade ago -- producing just 19% of our total energy. (Many European nations produce 40% or more of their power with nuclear.) Granted, nuclear power plants are expensive -- about $3 billion each. But they produce energy at $1.72/kilowatt-hour vs. $2.37 for coal and $6.35 for natural gas. <SPAN lang=EN style="FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #333399; FONT-FAMILY: Verdana">~Raising taxes on energy producers.<SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333"> This is where a basic understanding of economics would help: Higher taxes and needless regulation lead to less production of a commodity. So by proposing 'windfall' and other taxes on energy companies plus tough new rules, Congress only makes our energy situation worse. These are just a few of Congress' sins of omission -- all while India, China, Eastern Europe and the Middle East are adding more than a million barrels of new demand each and every year. New Energy Department forecasts see world oil demand growing 40% by 2030, including a 28% increase in the U.S. Americans who are worried about the direction of their country, including runaway energy and food prices, should keep in mind the upcoming election isn't just about choosing a new president. We'll also pick a new Congress.<P class=MsoNormal><SPAN lang=EN style="FONT-SIZE: 11pt; COLOR: #333333"><SPAN lang=EN style="FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #333333; FONT-FAMILY: Verdana">If we elect a liberal Democrat as president in the Fall and keep the same Democrat-controlled Congress, nothing will change ?. except gasoline prices, which will keep going up.</DIV><P class=MsoNormal><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Verdana"></DIV>

05-29-2008, 11:54 AM	#10
SKATR JIM Senior Member Mingo Join Date: Oct 2007 Posts: 136	RE: Who's really to blame for high gas prices? Personally, I think folks that own 31' Contenders with 600 hp two stroke engines hanging off of the back of them are 95% responsible for the cost of fuel. that, and speculators that have artificially inflated the cost of oil, much like they did tech stocks and real estate.

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